Keep up to date with the latest news delivered direct to your Inbox.
Record Property Prices in the Southwest
7:01am 16th April 2012
Pirate FM has learnt house prices in the southwest have hit a new record.
The average asking price has leapt £10k in a year to £270,735, according to property website Rightmove. Month on month the rise is almost 6%.
The rise is being explained by a shortage of housing stock, and higher demand during the spring.
For people like Emma Battle from Wadebridge it means her dream of getting on the property ladder is even further off. She said, "I'm a mum, I work full time, I work really hard and, at the end of the month, I haven't got any money left. I definitely wouldn't have any money to put towards a mortgage because the cost of living has gone up. I have bills to pay, rent to pay and nursery bills."
Miles Shipside, director of Rightmove, said: "Asking price records are being set in the fresh-stock-starved London and South West regions, and agents report this is also the case in markets in other regions.
"Doing research in your area is essential to gauge what type of property is in demand, how quickly it is selling and how close to the asking price is being achieved."7:01am 16th April 2012
Share This StoryTweet
Taskforce To Improve Crime Recording
Thousands not being logged properly in Cornwall & Devon
Thousands Of Rapes, Sex Attacks & Violent Crimes Not Recorded
Devon & Cornwall Police rated "inadequate"
Three Rescued In 'Drifting' Dinghy Near Newquay
Cornwall News: They were caught in strong offshore winds
Business rate changes 'nothing to be afraid of', minister insists
National News: The Chancellor has assured MPs that he is listening to their concerns about upcoming changes to business rates - amid fears that higher costs could force small shops and pubs to close their doors.
Frances Bean Cobain pays tribute to dad Kurt on his birthday
Showbiz News: Kurt Cobain's daughter has thanked him for the gift of life on what would have been his 50th birthday.
Plane carrying five people crashes into Melbourne shopping centre
World News: Five people have been killed after a small plane crashed into a shopping centre near an airport north of Melbourne, Australia.
England's Joe Root hopes to be 'instinctive' captain
Sports News: New England Test captain Joe Root says he hopes to be an "instinctive" skipper, and wants to lead a "tougher" national team to the next level.
Men and women 'need different things' to keep friendships alive
Strange News: Your ability to keep long-distance friendships alive may depend on your gender, according to a new study.